- We're adding 1,100,000 SIGIL tokens to the Treasury.
- SIGIL is a token that represents money the Treasury holds.
- We will let people use SIGIL as collateral to borrow other assets.
- The rules for borrowing with SIGIL are:
    * You can borrow up to 85% of your SIGIL's value.
    * If your loan reaches 88% of your collateral's value, it might be sold.
    * There's a 7% bonus for providing SIGIL to the lending pool.
- Only 1,100,000 SIGIL can be supplied to start.
- The Treasury will supply its SIGIL to help make future borrowing safer.

Deciding

root

Add POL Sigil Stable position to Treasury

treasurer

PRIME loop no. 4

Executed

general_admin

Rotate unresponsive collators

economic_parameters

PRIME + HOLLAR caps + oracle updates

- A past plan to sell HDX tokens didn't work out because of a misunderstanding.
- Everyone agreed it's best to avoid uncertainty, especially now.
- A new, clearer agreement has been made.
- The deal is to sell 90 million HDX tokens.
- The price is based on a 7-day average, with a 30% discount.
- This comes to a total of $126,000.
- Payment will be made in sUSDS, which is worth $1.09 each.
- The final payment amount will be 115,405 sUSDS.

OTC for CTO 2nd try

Remove 2 unreliable collators

Add Giraffe and Palo to TC

PRIME loop part 3 (continuation)

- **Upgrading to polkadot-stable2506**: This helps make blocks faster and improves error messages.
- **Reverting H2O treasury mechanic**: This change is being undone because it affected HOLLAR liquidity too much.
- **Emergency admin powers**: The Technical Committee can now pause markets in emergencies.
- **Withdrawal circuit breaker fixes**: Large withdrawals can be automatically blocked during exploits.

Runtime upgrade v46.0.0

Update PRIME supply & borrow caps + price oracle

Launch HEURC

- This is a plan to use some HOLLAR tokens.
- It wants to spend 200,000 HOLLAR on something called Decentral smart contracts.
- It will put that money into a special savings account called the Decentral Hydration Pool.
- The money must stay there for at least 60 days.
- While it's there, it will earn interest at a rate of 18% per year.
- After 60 days, the protocol will take all the money out.
- The goal is to then put all that money (including the earned interest) into a new product when it's ready.

Make 200,000 HOLLAR deposit into Decentral

Treasury PRIME loop part 3

Increase PAXG supply + borrow caps

DCA USDT + USDC -> HOLLAR

whitelisted_caller

Reduce WBTC supply cap

Cancel + redo PRIME loop DCAs

Transfer DAI for EURC OTC

Treasury PRIME loop part 2

- **DOT Strategy Change:** Switching from `2-9-100` to `1-4.5-50` reduces borrowing costs by half.
- **PRIME Oracle Update:** Adjusting the price oracle to `1.024`.
- **Reason for Change:** Polkadot is cutting its DOT issuance rate by 55% on March 14th.
- **Goal:** Keep GDOT and vDOT looping strategies working well after the change.

Amend DOT Supply & Borrow strategy + update PRIME oracle

- We had a problem before that stopped our plans.
- Now we fixed it!
- We want to swap some aDOT back to DOT.
- Then we will use that DOT to buy atBTC, GETH, GSOL, and aPAXG over time.

Reschedule failed DOT DCAs

Cancel the OTC buyback of 136M HDX

- **Omnipool slip based fees** - New fee system for the Omnipool.
- **Global withdraw limit** - Limits on how much can be withdrawn.
- **Configurable global-withdraw-limit** - The limit can be adjusted.
- **Retry DCA on stableshare lockdown** - Fixes for Dollar-Cost Averaging (DCA) during lockdowns.
- **Treasury H2O trade** - Fixes for treasury trades.
- **Cleanup upgrade migrations** - Cleaned up the upgrade process.

Authorise runtime upgrade v45.0.0

- This plan will let people borrow USDT and USDC using PRIME as collateral.
- It will also increase the total amount that can be borrowed against PRIME to 4,000,000.
- Right now, only HOLLAR can be borrowed against PRIME, up to 2,222,222.
- With these changes, you can borrow HOLLAR, USDT, or USDC against PRIME.
- The total borrowed amount for all three can go up to 4,000,000.
- This helps PRIME grow faster and encourages more use of USDT and USDC.
- It benefits HSM and H-Token pools and gives better returns to people who supply USDT and USDC.

Add USDT/C to Isolated mode + increase debt ceiling to 4M

Protocol PRIME - HOLLAR loop

referendum_canceller

referendum_killer

spender

tipper

omnipool_admin

OpenGov Referenda

Origin able to dispatch a whitelisted call.

 Origin for spending very high amounts of HDX(<= 50M HDX) from the treasury as well as generally administering it.

Origin able to spend up to 2,222,222 HDX from the treasury at once.

Origin able to spend up to 50K HDX from the treasury at once.

Origin able to perform specific Omnipool-related actions.

OpenGov Referenda

Referenda Tracks